The Most Affordable Neighborhoods in Sanford, TN by Home Value

These days, finding an affordable place to live in the Sanford area can be challenging. Home prices in Sanford are now at a median cost of $206,512, lower than the Tennessee average of $315,131.

The average cost of rent is $686/mo in Sanford, primarily driven by the current value of real estate in the Sanford area. In Sanford, 20.15% of households rent, and 47.21% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Sanford is $5,008 per month. Households that rent pay about 13.69% of their income on rent here. Sanford’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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